In The Camaro, A Glimmer Of Hope For GM
(npr.org) - "Excitement" is not a word people have associated with General Motors cars in recent years. But the company now has a new model that's actually generating some buzz — the redesigned Camaro.
The Obama Motor Co.
(online.wsj.com) - Back in December, in an economy far, far away, then-CEO Rick Wagoner tossed out the scary cost to taxpayers of $100 billion if General Motors wasn't saved by the government. Well, GM was saved in December and again in March, and as early as today the feds will rescue it More...
GM Bankruptcy - Most watched and most complicated in history
(nytimes.com) - How many lawyers will end up working on G.M.’s expected bankruptcy case still is not clear, but in legal circles, the joke is that there may not be enough experienced bankruptcy lawyers available to handle the filing.
GM bankruptcy plan eyes quick sale to gov't
(reuters.com) - General Motors Corp's plan for a bankruptcy filing involves a quick sale of the company's healthy assets to a new company initially owned by the U.S. government, a source familiar with the situation said on Tuesday.
GM may seek 1-for-100 reverse stock split
(msnbc.msn.com) - General Motors Corp. said Tuesday it is planning a reverse stock split that would give shareholders one share of new stock for every 100 shares they currently own.
Dealers prepare for worst if GM files Chapter 11 bankruptcy
(usatoday.com) - Experts are advising car dealers to start preparing themselves for the very real possibility that General Motors (GM) files for bankruptcy protection.
GM told to prepare for bankruptcy
(news.com.au) - The US Treasury Department is directing General Motors to lay the groundwork for a bankruptcy filing by June 1, even though the automaker has publicly stated it could reorganize outside of court, The New York Times reported.
GM asks U.S. gov't for $2.6 bln to build hybrids
(reuters.com) - General Motors Corp (GM.N) has asked for $2.6 billion of low interest government loans to support the development of three new hybrid vehicles, according to a business plan update released on Wednesday.
GM posts $9.6 billion 4Q loss
(washingtontimes.com) - General Motors Corp. says it lost $9.6 billion in the fourth quarter and burned through $6.2 billion in cash as it sought government help to avoid running out of cash.
